Commodity Trade Mantra
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Posts Tagged ‘Bernie Madoff’

The Tragic Truth Behind A Guilty Bank (JPMorgan) Paying A $13 Billion Fine

To JPMorgan Chase, paying $13 billion is nothing more than a “licensing fee.” So what if it’s far and away the largest penalty ever paid to settle a civil investigation? – It doesn’t matter that these big banks are criminal enterprises. The only thing that matters is that they pay their licensing fees.

This Could Finally End The TBTF - "Too Big to Fail"

While I’m sure the report won’t draw conclusions or offer solutions, let’s hope it gives the world the ammunition it needs to shoot down the TBTF banks to size, (to preferably the mid-tier regional bank size), so our free markets can be free at last.

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